Organic Hill Corp.

Active

Proceeding: BankruptcyBankruptcy and Insolvency Act
File: 31-2759568

Filings held3

Last activity17 Aug 2021

On the record1,861 days

OverviewSummary updated 19 August 2026

Organic Hill Corp. has been in bankruptcy under the Bankruptcy and Insolvency Act since August 17, 2021, with MNP Ltd. as trustee under court file 31-2759568 in Ontario. The Statement of Affairs, unaudited and prepared without the trustee having reviewed the company's books and records, showed a sole asset of cash on deposit of $193.00 at the date of bankruptcy, against liabilities the document totalled at $1,885,660 — $193 secured or deemed trust, $1,885,467 unsecured, with preferred and contingent claims nil. BMO subsequently wired $168.63 to the trustee. A PPSA search conducted May 25, 2021 disclosed two security interests, both in favour of Computershare Trust Company of Canada. As at August 31, 2021, no claims had been filed in any class. The proceeding remains active.

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Case updates3 dated entries

17 Aug 2021

#Claims

Meeting of creditors, carried at the August 17, 2021 date of bankruptcy, with MNP Ltd. as trustee; no claims had been filed in any class as at August 31, 2021.

Source: Creditors package

17 Aug 2021

#Report

Court officer report filed, fixing the commencement of the proceeding at 16:13 on August 17, 2021 and establishing the date on which the case record opens.

Source: Certificate of Appointment

17 Aug 2021

#Report

Second court officer report filed the same day; the record supplies no content for it beyond the August 17, 2021 filing date.

Source: Trustee Preliminary Report dated August 31, 2021

Parties

Debtor

Organic Hill Corp.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings

#	Priority class	Creditor	Amount	Source
4	Secured	Computershare Trust Company of Canada · in 31 casesPPSA registrations (two security interests registered); amount/registration limit not stated — PPSA search conducted May 25, 2021 revealed two security interests, both in favour of Computershare Trust Company of Canada; balance/limit not disclosed — debtor: Organic Hill Corp. · as of 25 May 2021	—	Trustee Preliminary Report dated August 31, 2021
8	Unsecured	Unsecured creditors (aggregate as reported) · in 532 casesDocument names no individual creditors; claims as filed as at August 31, 2021 (5:00pm) were Nil for this class — debtor: Organic Hill Corp. · as of 17 Aug 2021	$1.89M	Trustee Preliminary Report dated August 31, 2021

“not stated” means the record names the claim without a figure; “—” means not in the extracted record.

RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee Preliminary Report · 31 Aug 2021

Class	Creditor	Claims	Recovery	Basis	Source
Unsecured	—	—	no distribution	Estimatedper the trustee	Trustee Preliminary Report · 31 Aug 2021

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived

Total assets at filing$193

Total liabilities at filing$1.89M

As at 17 Aug 2021 · per Statement of Affairs (unaudited, books and records of the Company not reviewed or audited by the Trustee) · Organic Hill Corp. (entity level) — Sole asset was cash on deposit of $193.00 at Date of Bankruptcy per the SOA; BMO subsequently wired $168.63 to the Trustee. Liabilities total per SOA comprises Secured/Deemed Trust $193, Preferred Nil, Unsecured $1,885,467, Contingent Nil = $1,885,660 (document's own total, not independently computed). Claims as filed as at August 31, 2021 were Nil across all classes.

Documents3 filings

Date	Document	File
1 Sep 2021	Certificate of Appointment Appointee MNP LTD / MNP LTÉE Appointee role trustee Commencement date 17 August 2021 Court file no 31-2759568 + 1 more extracted fact	PDF

1 Sep 2021	Creditors package Commencement date 17 August 2021 Court file no 31-2759568 Financial position Assets $193 · Liabilities $1M · as at 16 Aug 2021 · per Statement of Affairs (Business Bankruptcy) as stated and estimated by the officer (bankrupt), sworn declaration · entity - Organic Hill Corp. — Components per Statement of Affairs: Unsecured creditors per list A: 600,600.00; Secured creditors per list B: 193.00 (balance of secured claim 1,284,867.00); Preferred creditors per list C: 0.00; Contingent/trust claims per list D: not stated; Total unsecured creditors line shows 1,885,467.00; stated 'Total liabilities' figure of 1,000,000.0 appears inconsistent with the sum of listed liability components and the stated Deficiency of 1,885,467.00 (Total assets 193.00 minus Total liabilities). Assets are almost entirely cash on hand (193.00) with all other categories nil. Province Ontario	PDF

31 Aug 2021	Trustee Preliminary Report dated August 31, 2021 Appointee MNP Ltd. Appointee role Trustee Commencement date 17 August 2021 Court file no 31-2759568 + 7 more extracted facts	PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “Organic Hill Corp.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/organic-hill-corp